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Tag: ETH2

Ethereum 2.0 is a major upgrade to the Ethereum blockchain and will be released in stages starting year 2022.

Staked Ethereum arbitrage opportunity

Lido Finance now exchanges ETH for stETH. Lido’s staking feature compensates customers for locking up ETH on the exchange. Staked Ethereum is an Ethereum coin that represents ETH staked for a long time to sustain and safeguard the Ethereum blockchain network operating on the Beacon Chain. Beacon Chain is a proof-of-stake variant of Ethereum’s blockchain.stETH operates as an IOU and might be exchanged into ETH when the Ethereum...

$stETH, Altcoins, ETH2, Ethereum, Lido, Staking

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Ethereum price rises after The Merge test concludes

Supporters of Ethereum had a momentous occasion late last night. The most recent test of the long-awaited upgrade to The Merge was successfully carried out at around 9:45 pm New York time on Wednesday.The latest upgrade for The Merge entails moving to a new security architecture for the network that is known as Proof of Stake (POS). Users are required to make use of the ether cache they already possess in order to validate transactions and...

Cryptocurrencies, ETH2, Ethereum, Front page, News

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What is the Merge in Ethereum? 

The Merge represents the joining of Ethereum’s existing execution layer (the Mainnet we use today) with its new proof-of-stake consensus layer, the Beacon Chain. It eliminates the need for energy-intensive mining and instead secures the network using staked ETH. A truly exciting step towards realizing Ethereum’s vision: more scalability, security, and sustainability.How The Merge happensProof-of-work has been used to secure...

Blockchain, Cryptocurrencies, ETH2, Ethereum, Featured, Front page

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The Merge might boost demand for Ethereum, probably surpassing Bitcoin

According to a Bloomberg piece titled “Booms, Busts, and Bitcoin,” The Merge will be accompanied by a sequence of events that will alter the view of ETH as an investment asset, with the potential to become an institutional-grade asset on a global scale. In this respect, they note that the alteration of the consensus method will be the determining factor.Ethereum has exceeded Bitcoin in a number of key adoption indicators that are...

Cryptocurrencies, DeFi, ETH2, Ethereum, Front page

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Vitalik Buterin: Merge Testing is 90% complete

According to the Ethereum co-founder, the blockchain project is now in the middle of a protracted process that will eventually make it more resilient in a variety of ways.Vitalik Buterin said that “fusion testing” is 90% complete. This refers to the process of ensuring that various software components can work together as intended.Buterin also said that there were still some bugs left to squash, but that he expects them to...

Cryptocurrencies, ETH2, Ethereum, People in crypto

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What is the Ethereum difficulty bomb?

The Ethereum network is facing its own version of a “difficulty bomb” that will start to slow down the current blockchain system. The Difficulty Bomb is a difficulty adjustment algorithm that is designed to make block mining more difficult over time. It was originally implemented with the goal of incentivizing miners to switch to Proof-of-Stake (PoS) mining.The difficulty bomb was first announced in 2015 and was originally set to go live in...

Cryptocurrencies, ETH2, Ethereum, Front page, News

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Ethereum’s Metropolis Hard Fork Won’t Launch in June

Ethereum’s shift to proof-of-stake might have to wait a little longer.After a few weeks of speculation, Ethereum core developer Tim Beiko confirmed in a tweet Tuesday that the long-awaited Ethereum Merge will come later than expected. Instead of June, Beiko said that the network’s transition to proof-of-stake is more likely to come “in a few months after.”It won't be June, but likely in the few months after. No firm date...

ETH2, Ethereum, Featured, Staking

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What is a rollup in crypto?

Among the new functions of the Ethereum network to solve its problems of scale, speed, and transaction costs is the “rollup” function, which is an off-chain method of carrying out transactions.A rollup is a method of performing transactions outside the main Ethereum blockchain and sending only the outcome of those transactions back to the main Ethereum network. This allows for a higher volume of transactions to be settled on the...

Cryptocurrencies, ETH2, Ethereum, Featured, Guides

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Ethereum one step closer to its Proof-of-Stake (PoS) future

Ethereum’s transition from Proof-of-Work to Proof-of-Stake is officially underway, with a successful test of the chain merger between the Eth2 Beacon Chain and the Ethereum mainnet.Together, these two chains will form the foundation of Eth2, which will include Ethereum moving away from energy-intensive mining and adopting more sustainable consensus methods.On March 15, the Ethereum Foundation announced that the merger had...

Blockchain, ETH2, Ethereum, Front page, Main

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Let’s stop lying to ourselves about Ethereum fees

– A discussion on Reddit –Ethereum is one of the most popular and fastest-growing new technologies. But not everything is rosy and active user communities complain about the problems they encounter in their path of adopting the ecosystem. Currently, the path to Eth2.0 is planned and moving forward, but there are several obstacles to overcome for Ethereum to improve everything that its users expect and solve their main...

Blockchain, Cryptocurrencies, ETH2, Ethereum, Featured

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